Foreign Holding Companies That Majority-Own U.S. Banks

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Foreign Holding Companies That Majority-Own U.S. Banks

Foreign Holding Companies That Majority-Own U.S. Banks
Ranked by deposits of those banks on Dec. 31, 2004. Dollars in thousands
Published June 2, 2005
Rank Foreign holding company Deposits of U.S. Banks (s) Sole or largest U.S. bank Stake
Dec. 31, 2004 Year earlier Change
1 Royal Bank of Scotland Group* Edinburgh $93,847,367 $85,502,525 9.76% Citizens Bank Providence, R.I. 100%
2 HSBC Holdings PLC* London 81,279,051 64,547,057 25.92 HSBC Bank USA Buffalo 100
3 ABN Amro* Amsterdam 58,025,225 56,956,443 1.88 LaSalle Bank Chicago 100
4 Mitsubishi Tokyo Financial Group* 43,498,907 38,900,672 11.82 UnionBanCal San Francisco 62
5 BNP Paribas* Paris 32,757,053 26,463,405 23.78 Bank of the West San Francisco 100
6 Bank of Montreal* 25,528,159 23,818,150 7.18 Harris Bank Chicago 100
7 Deutsche Bank* Frankfurt 15,059,009 15,224,549 -1.09 Deutsche Bank New York 100
8 UBS AG Zurich 14,910,874 8,183,882 82.20 UBS Bank USA Salt Lake City 64
9 Royal Bank of Canada* Montreal 10,737,173 9,834,741 9.18 RBC Centura Bank Rocky Mount, N.C. 100
10 Toronto-Dominion Bank 9,327,476 6,121,043 52.38 TD Banknorth Portland, Maine 51
11 Israel Discount Bank Ltd. Tel-Aviv 5,020,837 4,588,382 9.42 Israel Discount Bank of New York 100
12 Banco Santander SA Santander 4,768,249 4,164,275 14.50 Banco Santander Puerto Rico Hato Rey 60
13 Bank Leumi le-Israel BM Tel-Aviv 4,509,033 4,071,894 10.74 Bank Leumi USA New York 97
14 SNBNY Holdings Ltd. Gibralter 3,324,743 3,058,093 8.72 Safra National Bank of New York 99
15 Incus Co. Road Town, British Virgin Islands 2,963,571 2,809,810 5.47 Laredo National Bank Tex. 100
16 Mercantil Servicios Financieros Caracas 2,896,044 2,504,815 15.62 Commercebank Coral Gables, Fla. 99
17 Banco Bilbao Vizcaya Argenta Bilbao, Spain 2,554,424 2,685,667 -4.89 Banco Bilbao Vizcaya Argenta San Juan, Puerto Rico 100
18 National Bank of Greece SA Athens 1,938,987 1,824,142 6.30 Atlantic Bank of New York 100
19 Mizuho Holdings Inc.* Tokyo 1,572,337 1,998,508 -21.32 Mizuho Trust and Banking Co. New York 100
20 Chinatrust Commercial Bank Ltd. Taipei 1,487,432 1,408,651 5.59 ChinaTrust Bank USA Torrance, Calif. 100
21 Bank Sinopac Taipei 1,357,175 1,389,371 -2.32 Far East National Bank Los Angeles 100
22 Sumitomo Mitsui Financial Group Inc. Tokyo 1,214,779 1,106,776 9.76 Manufacturers Bank Los Angeles 100
23 Rabobank Nederland Utrecht 1,116,518 1,054,418 5.89 Valley Independent Bank El Centro, Calif. 100
24 Bank of Nova Scotia Toronto 1,017,656 1,067,034 -4.63 Scotiabank de Puerto Rico Hato Rey 100
25 Commercial Bank of Korea Seoul 620,890 545,390 13.84 Woori American Bank New York 100
26 Piraeus Bank SA Athens 611,420 314,003 94.72 Marathon National Bank of New York 78
27 Manulife Financial Corp. Toronto 467,464 265,489 76.08 First Signature Bank and Trust Co. Portsmouth, N.H. 100
28 Mitsubishi Trust and Banking Co. Tokyo 429,096 218,631 96.26 Mitsubishi Trust and Banking Corp. USA New York 100
29 Delta Investment Co. Georgetown 345,930 424,264 -18.46 Delta National Bank and Trust Co. New York 100
30 Sumitomo Trust and Banking Co. Osaka 342,372 253,379 35.12 Sumitomo Trust and Banking Co. USA Hoboken, N.J. 100
31 Grupo Financiero Popular Santa Domingo 327,590 258,513 26.72 BPD International Bank New York 97
32 Banco del Pacifico SA Guayaquil, Ecuador 303,850 254,557 19.36 Pacific National Bank Miami 99
33 Cho-Heung Bank Ltd. Seoul 293,704 266,792 10.09 CHB America Bank New York 100
34 Bank of East Asia Ltd. Hong Kong 291,633 261,190 11.66 Bank of East Asia USA Alhambra, Calif. 100
35 Caixa Geral de Depositos SA Lisbon 204,612 190,489 7.41 Crown Bank Ocean City, N.J. 51
36 Canadian Imperial Bank of Commerce Toronto 168,486 321,850 -47.65 Juniper Bank Wilmington, Del. 80
37 State Bank of India Bombay 120,095 97,158 23.61 State Bank of India Los Angeles 100
38 Federation des Caisses Desjardins du Quebec 116,718 N/A N/A Desjardins Bank Hallandale, Fla. 100
39 Australia and New Zealand Banking Group Melbourne 76,269 62,727 21.59 Amerika Samoa Bank Pago Pago 100
40 National Bank of Canada Montreal 69,429 65,262 6.39 Natbank Hollywood, Fla. 100
41 Farmington Finance Corp. Road Town, British Virgin Islands 6,083 5,571 9.19 Farmington State Bank Wash. 100

Note: Banks owned by holding companies in U.S. territories or Puerto Rico were not included. * Owns or holds majority interest in more than one U.S. bank

Source: Highline Banking Data Services (877-305-6657)

© 2005 American Banker